Mbe Mfc ission Brochure 5m6u

MFC

MBE

Master of Finance and Control

Master of Business Economics

J o i n t A d m i s s i o n Te s t - 2 0 1 0 P R O S P E C TU S

University of Delhi, South Campus Benito Juarez Road, New Delhi - 110021

UNIVERSITY OF DELHI SOUTH CAMPUS Prof. Deepak Pental Vice-Chancellor

Mr. R.K. Sinha Registrar

Prof. S.K. Tandon Pro-Vice-Chancellor

Prof. Gurmeet Singh Proctor

Prof. Dinesh Singh Director, South Campus

Prof. S.K. Vij Dean, Students' Welfare

Prof. Nayanjot Lahiri Dean of Colleges

Prof.Sanjay Sehgal Head, Department of Financial Studies

Prof. Malashri Lal t Director, South Campus.

Prof. Rashmi Aggrawal Head, Department of Business Economics

T ISSION TEST In an effort to cope with enormous expansion, while continuing to maintain its high academic standards, the University of Delhi in the early seventies, initiated a new organization pattern based on the concept of a multi-campus institution. Following this policy, the University started the South Campus in 1973 as an experiment in multi-campus system with a focus on interdisciplinary programmes in Social Sciences, Humanities and Applied Sciences. During the past two and a half decades, the campus has emerged as a pioneer institution of higher education, learning and research and has acquired an identity of its own. The University of Delhi South Campus has decided to conduct a t ission test for two of its flagship programmes, namely Master of Finance and Control (MFC) and Master of Business Economics (MBE). The ission test, followed by Group Discussion and Personal Interview of shortlisted candidates, will form the basis of ission to these courses. The candidates shall have the option to apply for either or for both the programmes by paying the appropriate fee as indicated later in this prospectus. Details : For MFC Tel: 24118854, Fax: 24116570 For MBE Telefax:24111141

SCHEDULE FOR ISSIONS Last date for receipt of applications

:

24/02/2010 (4.00 p.m.)

Date of ission Test

:

21/03/2010

Time

:

11.00 a.m. to 1.00 p.m.

Reporting Time

:

10.30 a.m.

Number of Seats

:

MFC : 46 ; MBE : 82

MESSAGE

W

hen the MFC programme was initiated by Department of Financial Studies 20 years back, it was a foray in an uncharted territory in the Indian educational scenario. Based on the lines of MS (Finance) offered internationally, it was a one of its kind, niche course in Finance, designed and developed to cater to the needs of the opening Indian Financial Sector.

Today it is not enough to understand Finance, Marketing or Operations as stand alone functions but to see them together as an integrated subject of study. One has to learn how to innovate taking a holistic view of the enterprise and using advanced tools of analysis. The corporate decisions have to be based on scientific enquiry and objective judgement. MFC students are trained to be able to crunch numbers and develop ability to execute tasks with efficacy. The commendable performance of our alumni and their acceptance by the corporate world reinforce the strengths of our curriculum, pedagogy and student selection. We aim at building a world class Business School which turns out well rounded professionals equipped with in-depth knowledge of finance, cross functional integration, inter personal skills along with a global perspective. Finally, I am pleased to announce that our Department is developing vibrant synergy with the Department of Business Economics at the South Campus to bring even greater value to research and teaching activities Prof. Sanjay Sehgal Head Department of Financial Studies

1

ABOUT MFC

A WORD FROM THE HEAD OF THE DEPARTMENT

ABOUT MFC

MASTER OF FINANCE & CONTROL

T

he pioneering two-year (full-time) Master of Finance and Control (MFC) Programme was launched by the University of Delhi in the year 1987-88 when a group of visionaries at the South Campus foresaw challenges that the winds of liberalization would throw up and envisioned the need for trained and specialised finance professionals. The MFC programme emerged as a highly successful professional programme in of students' response and industry acceptance, as evidenced by the quality of placement of its students over the years. The transformation from a controlled and regulated economy to a liberalized and globalised one since the early 1990s brought about a sea-change in the Indian financial environment, presenting both challenge and opportunities for finance academics as well as professionals. In recognition of the emerging challenge and in an effort to reorient the MFC programme in response to the unfolding opportunities, the University of Delhi, established the Department of Financial Studies in 1994. The Department, which is the first of its kind in India, provides the necessary infrastructural umbrella for servicing the MFC programme in tune with the requirements of the emerging liberalised and globalised financial sector of the country.

THE FACULTY The Department has, at present, five permanent faculty . The process of filling up another eleven faculty positions has already been started. The efforts of the faculty are supplemented by the associate faculty. Prof. Sanjay Sehgal, Ph.D. (Delhi University of Delhi), Post Doctoral fellow London School of Economics, (U.K.) Head of Department Research Interests : Investment Analysis, Portfolio Management and Financial Econometrics. Prof. Muneesh Kumar, M.Phil, Ph.D. (University of Delhi) Research Interests : Strategic Management of Information Systems and Management of Bank Funds. Dr. V. K. Vasal, M.Phil, Ph.D. (University of Delhi) Research Interests : Financial ing and Reporting, International ing, Financial Analysis. Dr. Nidhi Jain, M.Phil., Ph.D. (University of Delhi) Research Interests : Services Marketing, Business & Corporate Laws and Management ing. Dr. Amitabh Gupta, M.Phil, Ph.D. (University of Delhi) Research Interests : Mutual Funds and Project Management.

THE ASSOCIATE FACULTY Dr. K. K. Agrawal Faculty, Department of Operations Research, University of Delhi

Dr. A. N. Gupta Faculty, Shyamlal College, University of Delhi.

Dr. G. S. Sood Faculty, SGND Khalsa College, University of Delhi

Dr. Preeti Singh Faculty, Jesus & Mary college

Mr. R. J. Masilamani Former MD, Timex Watches

Mr. Gopala Krishnan Ex. Chief Manager, Indian Overseas Bank.

Dr. R. A. Sharma Former Prof. Department of Financial Studies, University of Delhi

Dr. Ramji Narayan Faculty, P.G.D.A.V. College (Eve.), University of Delhi.

Mr. Kumar Bijoy Faculty, S. S. College of Business Studies, University of Delhi

Dr. Ravi Gupta Faculty, Shri Ram College of Commerce, University of Delhi.

Dr. Vineet Kapoor Faculty, SGTB Khalsa (Eve) College, University of Delhi.

Mr. A. Balakrishnan Faculty, Delhi College of Arts & Commerce, University of Delhi

Dr. G. L. Tayal Faculty, Ramjas College, University of Delhi.

Ms. Radhika Kapoor Former Assistant Manager, ICICI Bank Ltd.

Dr. Girish Ahuja Faculty, Shri Ram College of Commerce, University of Delhi.

2

T

he main objective of the programme is to equip students with the requisite knowledge and skills in financial planning, decision-making and control. Specifically, the course is aimed at: familiarizing the students with the financial and regulatory environment impinging upon financial decision making; acquainting them with the basic analytical tools and techniques of financial decision making; providing them an insight into the nature of ing information and the techniques to use such information for financial planning and control; developing in them an understanding of the conceptual framework for security analysis and portfolio management and their applications; developing in them a basic understanding of issues involved in equity research and risk management; imparting necessary skills for planning, appraisal and review of projects; familiarizing them with the issues involved in managing global financial services management an marketing thereof; applying the methods and procedures of financial planning and decision making in different areas.

MFC STRENGTHS

T

he revised MFC curriculum redefines the paradigm of finance education in the country. It builds on its strength of in-depth knowledge, applied problem solving, global experience, cross-functional integration and innovative spirit. The Programme has several new courses covering key issues in emerging areas of finance such as derivatives & risk management, treasury management, mutual fund management, real estate investment management etc.

CAREER PROSPECTS

T

he MFC Programme opens a gateway to excellent career opportunities in Investment Banking, Equity Research, Wealth Management, Corporate Treasuries, Core Banking and Insurance, Real Estate and Commodity Markets, Business and Financial Counselling, Corporate Finance and other emerging areas in the financial sector.

3

ABOUT MFC

THE MFC PROGRAMME

ABOUT MFC

COURSE OUTLINE

T

he MFC course is a highly specialized programme offering a range of courses in finance. The MFC course curriculum is revised and updated regularly. The present Master of Finance and Control (MFC) course is in two parts as given below:

PART - I

The schedule of the Part I examination will be composed of two semesters, viz. Semester I and Semester II. The schedule of papers prescribed for the Part I examination shall be as follows: 101 102 103 104 105 106 107

Semester-I

Managerial Economics Business & Corporate Laws Financial ing Business Statistics and Mathematics Information Technology for Managers Indian Financial System Financial Management

201 202 203 204 205 206 207

Semester-II

Macro Economic Analysis and Policy Management ing Financial Reporting and Analysis Quantitative Techniques MIS and e-Finance Investment Analysis Interdisciplinary Course An Elective Outside the Department

PART - II

The MFC Part II course would be composed of two semesters i.e. Semester III and Semester IV. The schedule of papers prescribed for the MFC Part II examination shall be as follows: 301 302 303 304 305 306 307

Semester-III

Financial Services International Finance International ing Portfolio Management Strategic Financial Management Financial Derivatives & Risk Management Management of Bank Funds

401 402

Semester-IV

Financial Econometrics and Equity Research Project Study Optionals (Any Two from 403-411) 403 Insurance Management 404 Mutual Fund and Pension Funds Management 405 Real Estate Investment Management 406 Commodities Market 407 Fixed Income Securities and Treasury Management 408 Infrastructure Finance 409 Tax Planning and Management 410 Project Planning, Appraisal & Control 411 Services Marketing 412 Interdisciplinary Course An Elective Outside the Department NOTE: The evaluation of students is done as specified in the University Ordinance in this regard

4

T

he Department of Financial Studies has taken initiatives to develop stretegic partnerships with international business schools for students exchange, faculty exchange and t research. This will help the students in developing a global perspective and enhance their cross-cultural sensitivity. At present our strategic partners are:

ESC-Pau,

T

he Department of Financial Studies and ESC-Pau, - This collaboration will facilitate students exchange, faculty exchange and t research projects. This also includes summer internship for Indian students for a period of 8 weeks in to expose them to the global intricacies of work as a part of the agreement. Students from ESC-Pau, will attend a semester of the MFC course to provide them with an insight into the emerging issues of finance.

INT PARIS,

T

he Department of Financial Studies and INT Paris have agreed to explore possibilities of t research and exchange and research scholars from both sides. The Department is negotiating similar arrangements with other leading educational institutions for collaboration.

REIMS MANAGEMENT SCHOOL,

T

he Department has also signed an MOU with Reims Management School, , for student and faculty exchange on the lines of the arrangement with Esc-Pau.

5

ABOUT MFC

INTERNATIONAL RELATIONS PROGRAMME

ABOUT MFC

SUMMER TRAINING

A

s part of the course requirement, at the end of first year each student is required to undertake practical training for a period of two months in approved organisations.

PLACEMENT

M

FC students of all the previous batches have got excellent placements. The quality and range of career opportunities available to the students are reflected in their managerial compensations and the companies where they have been absorbed.

LEADING COMPANIES WHICH HAVE PARTICIPATED IN FINAL PLACEMENTS ABN AMRO Bank

Gridstone Research

Nestle

ANZ Grindlays

Hindustan Lever

Nomura Holdings

Apollo Tyres

HSBC

PNB Asset Management Company

Ballarpur Industries

ICICI Bank

PNB Capital Services

BNP Paribas

ICRA

Power Finance Corporation

CB Richard Ellis

Inductis

Pricewaterhouse Coopers

Chesterton Meghraj

IDBI

Prime Securities

Citi Financials

IFCI

Proctor & Gamble

Citibank N.A

IFCIFinancial Services

Protivity

Citigroup Global Markets

J.K. Corporation

Pulsar Knowledge Centre

Client Associates

Jardine Fleming

Quicksilver, Europe

CRISIL

Jardine Lloyd Thompson

Ranbaxy Laboratories

Crompton Greaves

JM Morgan Stanley

SBI Capital Markets

Darashaw Securities

JP Morgan Chase

SBI Funds Management

Deloitte Haskins & Sells

Jones Lang Lasalle Meghraj

Securities & Exchange Board of India

Delhi Stock Exchange

Kotak Mahindra Finance Ltd

SREI International Finance

DSP Merrill Lynch

Kotak Mahindra Old Mutual Life

Standard Chartered

E-Value Serve

Kotak Securities

Synovate

Ernst & Young

Kotak Commodity

Tata Consultancy Services

Essar Group

KPMG

Turbomeca, Europe

GE Analytics

Lazard India

UTI Bank

GE Money

Mckinsey Knowledge Centre

Unit Trust of India

Grail Research

National Stock Exchange of India

Vistasoft

6

In addition to teaching of courses as per the course curriculum, a number of activities are carried out in the Department. The following are the highlights of some of such activities carried out last year.

ANNUAL CONVENTION

T

he zenith of the student in-depth discussion is the Annual Convention, which serves as a forum for extensive discussion among luminaries from the industry and academicians on contemporary financial issues. This interaction helps in strengthening the bond between AFCON, the student body of MFC and the business community. MFC Conventions have been widely appreciated in industry circles and described as "professionally managed and proficiently handled". The XXIIth Annual Convention on "POWERING TOWARDS FINANCIAL RESURGENCE NEW PARADIGMS AND STRATEGIES" was held on 12th September 2009 at Hotel Hyatt Regency, New Delhi. Mr. R. K. Nair, Executive Director, SEBI inaugurated the Convention and Mr. Atul Kumar Rai, CEO & M.D., IFCI delivered the Key Note Address. Mr. Jean-Francois Pieroon, Regional Director, IBM, Bordeaux, was the Chief Guest for the function. The prominent speakers at the Convention were: Mr. Amit Kumar, Director Private Clients, Standard Chartered Bank; Mr. Deepak Mahurkar, Associate Director, Oil and Gas Industry Practice; Mr. Jayant Mangalik, Head Research, Religare; Mr. Navita Srikant, Partner, Fraud Investigation and Dispute Services; Mr. A. Balasubramanium, CIO, Birla Sun Life Asset Management Company; and Mr. Mridul Upreti, Head - Capital JLL Meghraj.

The Inaugural Session in progress

The First Technical session in progress

ist addressing the Annual Convention

The Second Technical session in progress

7

ABOUT MFC

WORKSHOPS, SEMINARS AND OTHER ACTIVITIES

ABOUT MFC

UGC SAP SEMINAR

T

he Department organized a One Day UGC SAP Seminar on "Global Financial Crisis: Implications for Corporate Strategy and Management Learning" on February 21, 2009 at the University of Delhi South Campus. The Seminar was inaugurated by Mr Gagan Rai, CEO and Managing Director, National Securities Depository Ltd. The prominent speakers included: Mr Subir Gokarn, Chief Economist, Standard and Poor's; Mr. Sanjay Sinha, CEO, DBS Cholamandalam AMC; Mr Jeurgen Fiedler, Director, DBOI; Mr Kuljit Singh, Partner, E&Y; Mr. Saibal Ghosh, CIO, Aegon Religare Life Insurance and Dr.Geoffrey Clements, Managing Director, India Director, Commonwealth Business School, UK

ALUMNI MEET

"A

s a tree is known by the fruits it bears, so an institution is known by its students." This maxim holds true in the case of the MFC programme. The increasing recognition being granted by the financial and corporate sector to the MFC Alumni has helped it to carve a niche for itself over the years. Ever since the first batch ed out in 1989, MFC graduates have seized the opportunities to position themselves as specialists in different segments of the financial sector

The Alumni Meet plays an important role in nurturing the bond between the department and its alumni. It is organized every year at three locations: Delhi, Mumbai and Bangalore.

8

T

he Department organized a cultural event in January 2009. Mr. P.K. Chowdhury, Vice Chairman & Group CEO, ICRA Limited was the Chief Guest. Pashri Shovana Narayan delivered the Key Note Address. Ms. Prerna Shrimali performed Kathak, Pandit Prateek Chaudhuri performed on the Sitar while Padamshree Geeta Chandra performed Bharatnatyam.

Ms. Prerna Shrimali explaining the intricacies of Kathak dance form to the audience.

Ms. Geeta Chandran rendering her Baratnatayam performance

Sitar recital by Mr. Prateek Choudhury

The ists at the Cultural Event

YOUTH EMPOWERMENT SEMINAR (YES!+)

Y

es!+ programme conducted by The Art of Living, one of the largest voluntary organisations in the world, is a self-development and stress elimination programme that empowers the youngsters to face life's challenges gracefully. These workshops equipped the students with skills and techniques that would enhance the quality of their lives. The student body of the Department successfully organised a week long programme in the month of July, 2009 which empowered the students to become more centred and focused. It was a unique experience for the MFC students.

9

ABOUT MFC

CULTURAL PROGRAMME

ABOUT MFC

BOOK RELEASE FUNCTION

A

special function was held to release the newly published book on "Integrating E-business Models for Government Solutions" edited by Prof. Muneesh Kumar, published by IGI Global (USA) as part of Information Science Reference Series. Mr. P.K. Choudhury, Vice Chairman and Group CEO, ICRA Ltd. released the book in the benign presence of Dr. Furqan Qamar, Advisor, Higher Education and Culture, Planning Commission and leading academicians.

Academicians at the book releasing ceremony

Prof. Muneesh Kumar, Prof. Sanjay Sehgal, Mr. P. K. Choudhury and Dr. Furqan Qamar, at book releasing ceremony

SPECIAL LECTURES Speaker

Company

Topic

1.

Tarun Bakshi

SVP, Mauryan Capital Advisor

Credit Risk & Corporate Banking

2.

Athar Shahab

Dy. MD, IDFC Projects

Project Evaluation

3.

Naresh Pandey

CFO, Nokia Siemens

M&A

4.

Saibal Ghosh

CIO, Aegon Religare Life

Investments in Current Scenario

5.

Deepak Bajaj

Director, Unitech PE

REIT, & Investment

6.

Raghupathi

Associate Director, UBS

Real Options

7.

Ashok Jainani

VP, Khandwala Securities (Research)

Financial Analysis

8.

Anupam Tyagi

COO, Etisalat Telecom

Telecom Industry in India

9.

Himanshu Kohli

Partner, CA

Wealth Management

Fund Manager, UTI

Fund Management

10. Ajay Tyagi

10

MESSAGE

I

t gives me immense pleasure and pride to introduce the Master of Business Economics programme of the University of Delhi. The programme is designed to offer a coordinated set of courses in Business, Economics and quantitative techniques and is an endeavour towards fulfilling the need for a new generation of business economists and managers equipped with the requisite analytical skills oriented towards business challenges. The programmee offers distinct features that differentiate it significantly from other business programmes. The fusion of business subjects with relevant courses in economics and quantitative techniques equips students with academically founded knowledge enabling them to take an analytical approach rather than merely a managerial approach to business problems. The rigorous and contextual curriculum imparted by way of classroom lectures, case studies, projects, research papers and regular industry interface equip students with the latest knowledge and skills to adapt themselves to the rapidly changing business scenario. The programme ensures vast employment opportunities in business consulting firms, management consulting firms, banks and financial institutions. It boasts of 100 per cent campus placement every year. The past 37 years have witnessed the energetic and visionary youths of the MBE programme, carving places for themselves as stockexchange analysts, business anlysts, financial planners, economic consultants, entrepreneurs, financial advisors, marketing managers, lecturers, academics, management consultants and economics journalists. I assure you that it will be an important stepping stone in your life. I invite you to the MBE fraternity as you embark on the journey towards your career goals. Finally, I am pleased to announce that our Department is developing vibrant synergy with the Department of Financial Studies at the South Campus to provide even greater value to our teaching and research activities. Rashmi Agrawal Head Department of Business Economics

11

ABOUT MBE

A WORD FROM THE HEAD OF THE DEPARTMENT

ABOUT MBE

MASTER OF BUSSINESS ECONOMICS

T

he highly qualified and experienced faculty provide an excellent learning experience to students of MBE, imparting quality education and helping them forge vital linkages with industry. The teaching programme in MBE also draws on the expertise of a dedicated team of Associate Faculty comprising eminent academicians, corporate leaders and enthusiastic, young research scholars from the University of Delhi and from research institutes of repute.

THE FACULTY The Department has, at present, six permanent faculty . The process of filling up vacant faculty positions has already been started. Prof. Rashmi Agrawal, M.B.E., Ph.D. (IIT, Delhi) Head of the Department Research Interests: Environmental Economics; Project Appraisal; Investment Planning; Labour Economics. Prof. Vijay Kumar Kaul, M.Com., M.Phil., Ph.D. (Delhi School of Economics) Research interests: Small Enterprises and clusters; Knowledge-based firms, Systems and Economy; International Business and Marketing Strategies; Strategic Management. Dr. Deepa Saran, M.A., Ph.D., Post Doc. [U.K.] Research Interests: International Trade, Foreign Investment and Economic Development; Macroeconomic modeling and Forecasting; International and Regional Economic Co-operation; Globalization. Dr. Aradhna Aggarwal, M.A., M.Phil., Ph.D. (Delhi School of Economics) Research Interests: International Trade and WTO related issues (antidumping and market access); FDI; Technology Transfer and Innovation Systems; Globalisation. Dr. Yamini Gupt, M.B.E., M.A., Ph.D. (Clark, USA) Research Interests: Spatial Economics and issues of Industrial Pollution and Land Use Change; Economic Activity in Formal and Informal Sectors in Solid Waste Management; Higher Education Dr. Ananya G. Dastidar, M.A, M.Phil., Ph.D. (CESP, J.N.U.) Research Interests: International Economics; Development Economics, especially issues of Poverty and Income Inequality in Developing countries.

THE ASSOCIATE FACULTY Prof. L. Prasad (Former Professor, Dept. of Business Economics)

Prof. P.N. Varshney (Former Professor, Dept. of Business Economics)

Dr. Rakesh Shahani (Faculty, Dr. Bhim Rao Ambedkar College, University of Delhi)

Mr. J.K. Bareja (Faculty, Dept. of Commerce, Shyam Lal College, University of Delhi)

Mr. Surendra Kumar (Faculty, Dept. of Commerce, PGDAV College,University of Delhi)

Mr. Pankaj Varshney (Faculty, Apeejay School of Management)

Mr. Debabrata Pal (Ph.D Scholar, CESP, JNU)

Mr. Qazi Asif Zameer (Faculty, FORE School of Management)

Ms. Priya Suri (Independent Consultant)

Dr. Sukanya Bose (Independent Scholar and Visiting Faculty, IIFT)

Mr. Harish Dhawan (Faculty, Ram Lal Anand College, Delhi University)

Mr. Krishna Kumar (Faculty, Sri Venkateshwara College, University of Delhi)

12

T

he course curriculum for the MBE1 programme combines a sound conceptual grounding in basic Economics, Finance and Marketing, with intensive training in quantitative techniques like Econometrics and Operations Research.

MBE STRENGHTS

A

unique feature of the course is that it allows students the option of "dual" specialization : for instance, students may choose to specialize in Quantitative Techniques and Finance or they may prefer Finance and Marketing or, something different, Quantitative Techniques and Environmental Economics. A wide choice of Specialization Papers are routinely on offer.

COURSE OUTLINE

T

he first two semesters consist of compulsory courses, geared to provide a solid foundation in Basic Concepts and Analytical Tools. Optional papers are placed in the third semester, allowing students to specialize in subjects of their choice, before the Placement Process begins, final semester students are required to submit a Research Project based on independent research work carried out under the guidance of the Department Faculty, which puts to the test the analytical skills they have acquired through the entire duration of the course.

Student evaluation is based on project presentations, term papers as well as regular class tests and examinations. Semester-I

Semester-II

Microeconomic Analysis Business Statistics and Econometrics Principle of Business Finance Organization Behavior and Development Information Management Project Appraisal and Investment Planning

Macroeconomic Analysis and Policy Analysis of Demand and Market Behavior Legal Aspects of Business Operational Research Industrial Economics International Trade in Business

Global Finance Economics of Services Dual Specialization : Specialisation1 Paper1 Paper2 Specialisation2 Paper1 Paper2

Business Policy and Strategy Analysis of Demand and Market Behavior Economics of Environment and Natural Resource Management Problems and Policies in Indian Economy Research Project Comprehensive Viva-Voce

Semester-III

Semester-IV

The MBE Curriculum is currently under Revision and the restructured course is likely to be offered from 2010 onwards, subject to approval from the University.

1

13

ABOUT MBE

THE MBE PROGRAMME

ABOUT MBE

SPECIALIZATION SUBJECTS Quantitative Techniques in Business

Human Resource Management

●

Econometric Methodology

●

Labor Economics and Industrial Relations

●

Forecasting and Business Planning

●

Personnel Management

Business Finance ●

Financial Markets, Institutions and Services

●

Investment Theory and Portfolio Management

System Analysis and Operation Management

Marketing and Distribution

●

System Design and Programming

●

Systems and Operation Management

Regional and Transport Economics

●

Marketing Strategy and Research

●

Location and Regional Development

●

International Marketing

●

Transport Economics

Applied Environmental Economics and Policy ●

Issues and Methodology in Environmental Economics

●

Environmental Policies and Indian Business

14

T

he Department hosts various Events round the year, to strengthen ties with the corporate world and foster organizing skills and professionalism amongst students.

BEA INAUGURAL

T

he inaugural of the Business Economics Association (BEA) is the first major event in the Department Calendar. All MBE students are a part of the BEA. The Inaugural provides an opportunity to interact with distinguished speakers from the corporate and academic world. Mr. Ram Nomula, Chief Executive, Media and Entertainment Services, MoserBaer and Ms. Jyoti Vij, Department Alumnus and Director, Financial Sector & Corporate Laws, FICCI were Guests of Honour, at the BEA Inaugural, 2008-09.

ANNUAL CONVENTION

T

he highlight of Department calendar, the two day long theme based Annual Convention provides a valuable platform for interaction between industry and academia. The occasion marks the publication of the Department's Annual Magazine, The Business Economist. The XXXVI Annual Convention, on "Leveraging Global Change : Managing Turbulence in the Indian Economy" was held in September, 2008 at India Habitat Centre, New Delhi. The distinguished included Dr. Arvind Virmani (Chief Economic Advisor, Govt. of India), Mr. Arvinder Singh Lovely (Miniter of Education, Tourism and Arts, Govt of Delhi), Prof. Shankar Acharyya (Professor, ICRIER), Prof. V.R. Panchmukhi (Managing Editor, Indian Economic Journal), Dr. Renu Kohli (Senior Economist, IMF), Dr. Samiran Chakraborty (Chief Economist, ICICI Bank), Mr. Anil Bisen (Director, Planning Commission), Ms. Jyoti Jindgar (DGM, SEBI), Mr. Prasad Narasimhan (Chief Marketing Officer, Virgin Mobile), Mr. Rahul Bhalla, (Country Executive - Strategy and Marketing, South Asia, IBM), Mr. Alop Mittal (Advisor, FICCI), Mr. Raman Uberoi (Director, CRISIL), Mr. Ramesh Krishnan (Supply-Chain Head, Pantaloons), Mr. Manish Mittal (Vice President& Head of Professional Services, Market Rx, a Cognizant Company), Mr. Sanjiv Dobhal (Regional Head-Corporate Business, HDFC ERGO Gen. Insurance), Mr. Manu Digvijay Singh ( Associate Director, Global Markets, Standard Chartered Bank), Mr. P.K. Mitra (General Manager, Punjab National Bank), Mr. Subhashis Nath (Partner, Axis Risk Consulting Services) and Mr. Bratin Biswas, (Head, Fixed Income Division, Genpact).

In 2007, then SEBI Chief, Mr. M. Damodaran was Chief Guest at the Annual Convention, also held at the India Habitat Centre, on the theme "India's Growth : Momentum from Services". 15

ABOUT MBE

WORKSHOPS, SEMINARS AND OTHER ACTIVITIES

ABOUT MBE

WEEKLY SEMINAR

S

eminars by eminent academicians and corporate leaders, held on Thursday afternoons, are a regular feature at the Department, geared to enriching thinking and exposing students to ever-new horizons. Among others, Dr. Takahiro Sato (Osaka City University, Japan), Prof. Stephen Nollen (Georgetown University, U.S.A.), Mr. Vivek Khattar (Asst. VP & Researach Director, IMRB), Mr. Arvind R.P. (GPM and Marketing Head, Dairy Products, Britannia Industries) addressed students on various topical issues during the last academic session.

INDUSTRY TOUR n important annual activity, the Industry Tour provides students with highly beneficial insights into the industry and functioning of plants and manufacturing processes. This year the students had the opportunity of visiting a Multi-Product SEZ in NOIDA and a Gems and Jewellery SEZ in Jaipur.

A

ALUMNI MEET vital annual event, the Alumni Meet brings together Department Alumni and former and fpresent Faculty, presenting an opportunity to turn back the wheels of time for one fun-filled evening.

A

16

ABOUT MBE

PLACEMENTS AND SUMMER TRAINING

T

he Placement Process at MBE has two broad phases. At the end of their second semester students are placed with reputed corporate institutions for two months of compulsory Summer Internships. Final Placements take place at the end of the Third Semester. The Department takes great pride in announcing hundred per cent placements for its students with prestigious companies over the past years. The average salary (CTC) offered to the previous Batch of 2008-2009 was Rs.6.85 lakhs.

OUR CORPORATE ASSOCIATIONS INCLUDE APEX ORGANIZATIONS CII FICCI ICCI RBI SEBI

BANKING, FINANCIAL SERVICES AND INSURANCE ABN Amro Asset Management ABN Amro Bank Bajaj Allianz Life Insurance Bank of America DE Shaw Deutsche Bank HDFC Bank ICICI Bank National Housing Bank SBI Funds Management SBI Life

CONSULTING & OTHER SERVICES Accenture AT Kearney BMR Associates Boston Consulting Group CRISIL Debenham Tie Leung (DTZ)

Deloitte Touch Tohmatsu Ernst & Young Jones Land LaSalle Meghraj Synovate Consulting

IDC

CONSUMER GOODS, RETAIL & MANUFACTURING

MEDIA & ADVERTISING

Dabur DS Group Frito Lays Hindustran Unilever Maruti Udyog Nestle Pepsico Procter & Gamble Sony Virgin Mobile

IT/ ITES

IMRB International Market Probe TNS Global Business World FCB Ulka Genesis PR India Today O&M Rediffusion DY&R

RESEARCH & ANALYTICS Absolutdata Adventity American Express Cognizent

Bharti Telecom Genpact Hewlett Packard IBM Infosys Microsoft Wipro Infotech

Copal Partners

MARKET RESEARCH

Progeon

AC Nielsen

TERI 17

EXL Service Holdings Fair Issac GE Money Grail Research McKinsey Knowledge Centre Pipal Research

INFRASTRUCTURE

FACILITIES AND RESOURCES FOR BOTH PROGRAMMES

B

eing a part of a University of international repute, students of MFC and MBE have access to an infrastructure which is among the best in India.

LIBRARY : THE LEARNING CENTRE

T

he Campus Library is housed in a three storied building and is well-stocked with over 2,00,000 titles and subscribes to over 500 p e r i o d i c a l s a n d r e s e a rc h journals. Keeping pace with technological developments, the Library has started automating its housekeeping and service operations. The library also has an internet cell to allow free access to the World Wide Web to all the students. Students also have access to a large database of online journals. 18

INFRASTRUCTURE

INFORMATION TECHNOLOGY

T

he IT infrastructure in the Departments serves the objective of equipping the students of the Programme with requisite IT skills needed by the dynamic environment. The computing facilities expose the students to a wide variety of operating systems and application softwares. The path to information superhighway has already been laid in the Departments by a full-fledged PC lab with Internet access on all the machines. Students also have Wifi access to the Internet in the Departments as well as in the hostels.

HOSTEL FACILITIES

S

eparate hostel facilities are available to girl and boy students on the Campus. Students need to apply for hostel accommodation separately to the wardens of these hotels.

19

ISSION PROCESS

MINIMUM ELIGIBILITY REQUIREMENTS

T

he minimum eligibility requirements for MFC and MBE are: Graduate (under 10 + 2 + 3) / Post-graduate in any discipline with 50% marks, from the University of Delhi or any other University recognised as

equivalent thereto. Students appearing in the final year of Bachelor's Degree examination in 2010 are eligible to appear in the t ission Test. However, they should meet the above-mentioned eligibility requirements latest by September 15, 2010

Note: The selected candidates must submit their final year results by September 15, 2010, failing which their ission will be automatically cancelled. Candidates must ensure that they satisfy the above eligibility conditions before applying. If, at any stage of the ission process, a candidate is found ineligible, his/her application will be cancelled immediately - no queries/clarifications shall be entertained in this regard.

RESERVATION

T

he Department will follow University norms regarding reservation of seats for SC/ST, OBC , Physically Challenged candidates and Children/Widows of Officers and Men of the Armed Forces including Para-

Military Personnel killed or disabled in action at wars. Foreign students studying in Indian Universities are required to appear in the ission Test. In addition to the number of seats specified for these programmes,

supernumerary seats are available for foreign students. All

foreign students need to apply through the Dean, Foreign Students c/o Faculty of Management Studies, University of Delhi, Delhi-110007 - (For further details visit http://www.du.ac.in). In the case of foreign students who are not required to appear for the Test, preference will be given to those who furnish their latest GMAT and TOEFL scores. All foreign students are required to meet the requirements as specified by Dean, Foreign students.

SELECTION PROCEDURE

T

he shortlisting of the candidates for ission to the MFC and MBE programmes will be done on the basis of their performance in the Entrance Test which seeks to test the aptitude of the candidates for studies in

business analysis and management. The Entrance Test will consist of multiple choice questions relating to English Comprehension and Verbal Ability, Analytical Reasoning, Data Interpretation and Data Sufficiency, Quantitative Ability (covering Basic Arithmetic, Algebra, Calculus, Basic Statistics and Data Analysis) and Current Business Environment. The result of the entrance test is expected by April 2, 2010. The short listed candidates will be called for group discussion and personal interview. Candidates called for group discussion and interview shall bear travel and other incidental expenses themselves. In all cases, the decision of the ission Committee shall be final. 20

T

he application form duly completed (accompanied by a self-addressed envelope of size 10" x 4.5" bearing postage stamp worth Rs. 25/- (If mailing address is outside Delhi and NCR) or postage stamp worth Rs. 12/- (if mailing address is in Delhi or NCR i.e., Gurgaon / Faridabad / Ghaziabad / NOIDA) for ission Tickets to be sent via Speed Post) should reach the office of the Department of Financial Studies, Room No.329 or Department of Business Economics, Room No.229, University of Delhi, South Campus, Benito Juarez Road, New Delhi 110021 latest by February 24, 2010 (Forms will not be accepted on Saturday, Sunday and Holidays). Application forms which have been ed from the website must be accompanied by a demand draft of appropriate amount favouring- The Director, University of Delhi, South Campus and mailed to or submitted at Department of Financial Studies, or at Department of Business Economics, Arts Faculty Building, University of Delhi, South Campus, Benito Juarez Road, New Delhi-110021. Candidates applying for both the courses must attach a demand draft of Rs. 1200/- (Rs. 500/- for SC/ST candidates) and those applying for only one course should attach demand draft for Rs. 700/- (Rs. 300/- for SC/ST candidates) SC/ST/OBC candidates and candidates applying in the physically challenged category must submit a copy of caste/medical certificate along with the form. Applications without a valid caste/ medical certificate are liable to be rejected summarily. The candidates are advised to the University in case of any delay in receiving the Prospectus or ission Ticket. The University will not be responsible for any postal delays. Disputes, if any, arising out of or relating to any matter whatsoever, concerning the process of ission shall be subject to the exclusive jurisdiction of the competent court in Delhi only.

AGE REQUIREMENTS

T

he candidate should have attained the age of 20 years on the 1st of October in the year in which ission is sought.

FEE PAYABLE

A

t present the MFC students are required to pay an annual fee of Rs. 11,500/- at the time of ission. Students selected to the MBE programme are required to pay an annual fee of Rs.11,361/- The foreign students would have to pay an annual fee as per university rules. The fee may be revised from time to time by the University.

21

ISSION PROCESS

HOW TO APPLY

ISSION PROCESS

ORDINANCE XV-C: 'PROHIBITION OF AND PUNISHMENT FOR RAGGING' 1.

Ragging in any form is strictly prohibited, within the premises of Colleges/Department or Institution or any part of the University of Delhi system as well as on public transport.

2.

Any individual or collective act or practice of ragging constitutes gross indiscipline and shall be dealt with under this Ordinance.

3.

Ragging for the purposes of this Ordinance, ordinarily means any act, conduct or practice by which power or status of senior students is brought to bear on students freshly enrolled or students who are in any way considered junior of inferior by other students and includes individuals of corrective acts or practices which ●

Involve physical assault or threat, or use of physical force;

●

Violate the status, dignity and honour of women students;

●

Violate the status, dignity and honour of students belonging to the scheduled caste or tribes;

●

Expose students to ridicule and contempt and affect their self esteem;

●

Entail verbal abuse and aggression, indecent gestures and obscene behaviour.

4.

The Principal of a College, the Head of the Department of an Institution, the authorities of College, or University Hostel or Halls of Residents shall taken immediate action of any information of the occurrence of ragging.

5.

Notwithstanding anything in Clause (4) above, the Proctor may also suo motu enquire into any incident of ragging and make a report to the Vice-Chancellor of the identity of those who have engaged in ragging and the nature of the incident.

6.

The Proctor may also submit an initial report establishing the identity of the perpetrators of ragging and nature of the ragging incident.

7.

If the Principal of a College, Head of the Department or Institution or the Proctor, is satisfied that for some reasons, to be recorded in writing, it is not reasonably practical to hold such an enquiry, he/she may so advice the Vice Chancellor accordingly.

8.

When the Vice-Chancellor is satisfied that it is not expedient to hold such an enquiry, his/her decision will be final.

9.

On the receipt of the report under Clause (5) or (6) or a determination, by the relevant authority under Clause (7) disclosing the occurrence of ragging incidents described in clause 3(a), (b) and (c); the ViceChancellor shall direct or order rustication of a student or students for a specific number of years.

10. The Vice-Chancellor may in other, cases of ragging order or direct that any student or students be expelled or be not for a stated period, itted to a course of study in a college, departmental examination for one or more years or that the results of the student or students concerned in the examination or examinations in which they appeared be cancelled. 11. In case where students who have obtained degree or diplomas of the University of Delhi are found guilty under this Ordinance, appropriate action will be taken under Statute 15 for withdrawal of degrees or diplomas conferred by the University 12. For the purpose of this Ordinance, abetment to ragging will also amount to ragging. 13. All institutions within the University of Delhi system shall be obliged to carry out instructions/directions issued under this Ordinance, and to give aid and assistance to the Vice-Chancellor to achieve the effective implementation of the Ordinance. 22

1.

All powers relating to discipline and disciplinary action are vested in the Vice-Chancellor.

2.

The Vice-Chancellor may delegate all such powers as he/she deems proper to the Proctor and to such other persons as he/she may specify in this behalf.

3.

Without prejudice to, the generality of power to enforce discipline under the Ordinance, the following shall amount to act of gross indiscipline: (a) (b) (c) (d) (e) (f) (g) (h) (i) (j)

4.

Physical assault, or threat to use physical force, against any member of the teaching or non-teaching staff of any institution/Department and against any student within the University of Delhi; Carrying of, use of, or threat to use of any weapons; Any violation of the provisions of the Civil Rights Protection Act, 1976; Violation of the status, dignity and honour of students belonging to the scheduled caste and tribes; Any practice-whether verbal or other wise-derogatory of women; Any attempt at bribing or corruption in any manner; Willful destruction of institutional property; Creating ill-will or intolerance on religious or communal grounds; Causing disruption in any manner the academic functioning of the University system. Ragging as per Ordinance XV-C.

Without prejudice to the generality of his/her powers relating to the maintenance of discipline and taking such action in the interest of maintaining discipline as may seem to him/her appropriate, the ViceChancellor, may in the exercise of his/her powers aforesaid order or direct: (a) (b) (c) (d) (e) (f)

That any student or students be expelled; or Any student or students be, for a stated period rusticated; or Be nor for a stated period itted to a course or courses of study in a college, department or institution of the University; or Be fined with a sum of rupees that may be specified; or Be debarred from taking a University or College or Department Examination or Examinations for one or more years; or That the result of the student or students concerned in the Examination or Examinations in which he/she or they have appeared be cancelled.

5.

The Principals of the Colleges, Head of Halls, Deans of Faculties, Head of Teaching Departments in the University, the Principal, School of Correspondence Courses & Continuing Education and Librarian shall have authority to exercise all such disciplinary powers over students in their respective Colleges, Institutions, Faculties and Teaching Departments, in the University as may be necessary for the properconduct of the Institutions, Hall and Teaching Departments, in the University as may be necessary for the proper-conduct of the Institutions, Hall and Teaching in the concerned Departments. They may exercise their authority to such of the teachers in their Colleges, Institutions or Departments as they may specify for these purposes.

6.

Without prejudice to the powers of the Vice-Chancellor and the Proctor as aforesaid, detailed rules of discipline and proper conduct shall be framed. These rules may supplemented, where necessary, by the Principal of Colleges, Heads of Halls, Deans of Faculties and the Heads of Teaching Departments in the University. Each student shall be expected to provide himself/herself with a copy of these rules.

7.

At the time of ission, every student shall be required to sign a declaration that no ission he/she submits himself/herself to the disciplinary jurisdiction of the University and the several authorities of the University who may be vested with the authority to exercise discipline under the Acts, the Statutes, the Ordinances and 23

ISSION PROCESS

ORDINANCE XV-B: MAINTENANCE OF DISCIPLINE AMONG STUDENTS OF THE UNIVERSITY

ISSION PROCESS

INSTRUCTIONS TO THE CANDIDATES 1.

The reporting time at the Examination Centre for the Test is 10.30 a.m. The total time allowed for the Test is 2 hours. It starts at 11.00 A.M. and ends at 1.00 P.M.

2.

Fill up the necessary information in the Test Booklet before commencement of the Test.

3.

The answer sheet will be placed inside the Text Booklet. Break open the seal of the Test Booklet and take out the answer sheet. Don't start answering the questions until you are asked to do so. The serial number appearing on the answer sheet should be the same as the serial number appearing on the Test Booklet.

4.

Read the instructions given on the Answer Sheet carefully. Also fill up all the necessary information before starting to write.

5.

Ensure that you have encoded the details in the Answer Sheet correctly because wrong encoding can result in the answer being rejected by the OMR.

6.

THE ANSWERS ARE TO BE GIVEN IN THE ANSWER SHEET ONLY AND NOT IN THE BOOKLET.

7.

The Test consists of 200 questions in all. You are advised to check the Test Booklet and see that it contains all the questions from 1 to 200 otherwise you should get it replaced before starting to write.

8.

Each question carries 1 mark. There will be negative marking to the extent of 0.25 for each wrong answer.

9.

After each question, there are four alternatives. Mark the correct answer by SHADING the appropriate box in the Answer Sheet with a HB Pencil only. A sample for the correct marking is given below:

Correct marking : Wrong marking :

a

b

c

d

10. If you want to change your answer, you have to erase neatly and completely the earlier filling and then fill the new box. You must ensure that no visible mark is left after you have erased an earlier marking, otherwise the response will be treated as incorrect and shall be evaluated accordingly. 11. Do not use any calculating device like slide rule, calculator or mathematical tables, etc. 12. Make sure that you do not possess any pages (blank or printed) or any unauthorised material. Candidates found to be in possession of any such material during the examination are liable to be disqualified for ission. 13. Candidates found copying/helping others or using any other unfair means are liable to disqualified for ission. 14. No extra sheets will be provided for rough work. 15. SMOKING AND MOBILE PHONES ARE NOT PERMITTED INSIDE THE EXAMINATION HALL.

RESULT OF T ISSION TEST IS EXPECTED BY END OF MARCH, 2010. 24

ISSION TEST CENTRES 1.

AHMEDABAD

The Principal Shri H.K. Arts College, Opp. Handloom House, Ashram Road, Ahmedabad 380 009

2.

BANGALORE

Dr. V.G. Dhanakumar Member Secretary and Director, Indian Institute of Plantation Management, Bangalore, Jnana Bharathi Campus, P.O.Malathalli, Bangalore 560 056

3.

BHOPAL

Dr. G.P. Mishra HOD Publication, Centre for Entrepreneurship Development, 16-A, Arera Hills, (Near Nirwachan Sadan), Bhopal 462 011

4.

BHUBANESHWAR

Prof. J.K. Parida P.G. Department of Commerce, Utkal University, Bhubaneswar - 751004, Orissa

5.

CHANDIGARH

Mrs. Puneet Bedi, Principal, MCM Dayanand Anglo-Vedic College for Women, Sector 36-A, Chandigarh 160 036

6.

CHENNAI

Dr. N. Ragavan Head, Department of Commerce, University of Madras, Chennai 600 005

7.

DELHI

To be intimated individually

8.

GUWAHATI

Prof. Shantikam Hazarika Assam Institute of Management, 7th Floor, East Point Tower, Bamunimaidam, Guwahati-7810021

9.

HYDERABAD

Prof. Uma P. Iyer Regional Director, Mahila Dhyan Vidyapeeth, 1-10-77 Begum Peth, Hyderabad 500016

10. JAIPUR

Dr. Rajesh Kothari Director, R.A. Poddar Institute of Management, University of Rajasthan, Jawaharlal Nehru Marg, Near Gandhi Circle, Jaipur 302 004

11. KOLKATA

C/o Rev. Fr. Dr. Felix Raj, Principal St. Xavier's College 30, Mother Teresa Sarani, Kolkata 700 016

12. LUCKNOW

Dr. R.K. Maheshwari Associate Professor, Department of Applied Economics, Faculty of Commerce, University of Lucknow, Lucknow 226 007

13. MUMBAI

Prof. P.V. Narasimham Director General, K.J. Somaiya Institute of Management Studies & Research, Vidyanagar, Vidyavihar, Mumbai 400 077

Note: The University reserves the right to change or cancel any centre All enquiries may be addressed to Coordinator, t ission Test (MFC & MBE) University of Delhi South Campus Benito Juarez Road, New Delhi-110021 E-mail: [email protected] Tel. : 24118854, 24111141, 24112503, 24116180 to 82, 24116752 & 53 Extn. 286 Fax : 24116570, 2411141

www.sitafinearts.com

Price: Rs.700/- for one programme, Rs. 1200/- for two programmes Price for SC/ST candidates Rs. 300/- for one programme, Rs. 500/- for two programmes (on submission of an attested copy of SC/ST Certificate)